Sheikh Mohamed bin Zayed unveils $28.8bn initiative to deliver 40,000 homes and plots for Emiratis by 2029, strengthening community living and national well-being
Abu Dhabi is set to undergo a major residential transformation with a landmark initiative announced by UAE President Sheikh Mohamed bin Zayed Al Nahyan. The ambitious plan involves AED106 billion ($28.8 billion) worth of projects dedicated to building 13 new residential communities across the capital.
The projects, unveiled during an official signing ceremony attended by the President, will deliver more than 40,000 new homes and residential plots for Emirati citizens by 2029. The initiative is part of the UAE’s continued commitment to providing high-quality housing, strengthening family stability, and enhancing the overall quality of life for its people.
A Vision for Community Living
The new communities will be strategically distributed across Abu Dhabi to meet the growing housing needs of Emirati families while fostering integrated, sustainable living environments. Each community will include modern infrastructure, public services, and facilities that support well-being and social connection.
This large-scale development aligns with the UAE’s broader vision of sustainable urban planning, reinforcing Abu Dhabi’s position as a leader in future-ready real estate and community development.
Supporting National Priorities
The initiative underscores the leadership’s commitment to ensuring Emiratis have access to world-class housing and living standards. By prioritizing long-term residential stability, the government is strengthening both the social fabric and the economic resilience of the nation.
With projects scheduled for delivery by 2029, this multi-billion-dollar investment represents one of the UAE’s most significant housing initiatives to date, demonstrating the country’s dedication to empowering citizens and shaping livable communities for generations to come.
